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Connecticut Legislature Approves Plan to Restructure State Pension Obligations
Pensions & Investments Link to more items from this source
Feb. 3, 2017

"The deal includes reducing the assumed rate of return to 6.9% from 8%; transitioning to level dollar amortization from level percent of payroll over five years; maintaining 2032 as the payoff date for [about $4.3 billion in] unfunded liability accrued through Dec. 31, 1983 ... and extending the amortization period for the balance of the unfunded liability to 2046 from 2032."

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